As of March 31, 2025, the top five countries accounted for 57% of total IMF credit outstanding

Key Takeaways:  

  • Argentina tops the list with SDR 31.1 billion in outstanding IMF credit.
  • The top three borrowers, Argentina, Ukraine, and Egypt, together hold over 45% of total IMF credit.
  • All 15 countries on the list have outstanding credit of at least SDR 1.4 billion.
  • African nations such as Kenya, Angola, Ghana, and Ethiopia rank among the top 15 IMF debtors.
  • The top 10 countries alone account for more than two-thirds of the IMF’s total outstanding credit.

As of March 31, 2025, Argentina remains the IMF’s largest borrower, with SDR 31.1 billion in outstanding credit. Ukraine follows with SDR 10.86 billion, and Egypt comes in third with SDR 8.63 billion. Ecuador and Pakistan complete the top five, each owing close to SDR 6 billion.

The top 15 list includes countries from Africa, Asia, and Latin America, with combined debt totaling SDR 84.5 billion, which represents 77% of total global IMF outstanding credit.

Source:

International Monetary Fund (IMF)

Period:

March 31, 2025
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